It may seem that when you sell your home yourself you can save a lot of money, but while this does look tempting, in most cases the risks of doing it alone likely outweigh the benefits. Those risks include having less potential buyers (let alone qualified buyers), making emotional decisions, not knowing how to negotiate properly, not having enough free time to decide and work on your sale, and not having...
This year has been a bit better for European real estate, since Covid-19 vaccines restored confidence among occupiers and investors. Even though new variants are emerging, businesses have become skilled at adapting to government restrictions. In 2022 demand will remain high, which means prices will continue to rise or at least become stagnant. Investors predict that eurozone and UK GDP will grow by...
Buying an apartment can be very stressful for most people, since it is one of the most important decisions in your life. That's why you need to make sure to gather as much information beforehand. Here are some general questions you should always ask before buying an apartment: -What are the ownership costs? -Who is the developer and builder? -Who is the strata manager? -What’s the...
At the end of November, the Vice Governor of the Bank of Slovenia, Primož Dolenc, stated that: "real estate indicators indicate that the prices of residential real estate in Slovenia are overestimated". What does this mean and how do they calculate it? "The Bank of Slovenia calculates indicators of relative overvaluation. Relative overvaluation indicators are calculated by comparing the historical...
Slovenian Constitution in Article 68 says “that foreigner can get ownership rights for real estate under conditions provided by law or a treaty ratified by the National Assembly”. Since Slovenia entered EU in 2004, EU citizens may buy properties or real estates in Slovenia without restrictions. Here are some basic rules for buying a property depending on where you come from: As mentioned,...
Commercial real estate includes any real estate that is used for commercial purposes (such as retail, hospitals. etc.) not for residential or industrial purposes. Commercial real estate is considered a more stable investment than other types of real estate due to the length of leases, which often last for years or even decades. If you want to start investing in commercial real estate, there are many...
Buy land, they’re not making it anymore – Mark Twain The benefits of investing in real estate are numerous. With well-chosen assets, investors can enjoy predictable cash flow, excellent returns, tax advantages, and diversification—and it's possible to leverage real estate to build wealth. YOU CAN START NOW Investing in real estate does not require some specialized knowledge or training....
PURCHASE OF NEWLY BUILT REAL ESTATE The Law on the Protection of Buyers of Apartments and Residential Buildings stipulates that a seller may start advertising and selling real estate only when he becomes the owner or holder of a building right on the plot on which the real estate will stand. In addition, a final building permit must be issued for the property, and in the case of the sale of individual...
In November 2021, we are expecting some interesting auctions, where it will be possible to buy holiday apartments on Cres, apartments in Ljubljana and the surrounding area and various investment properties. FIVE HOLIDAY HOMES ON CRES ISLAND Bankruptcy trustee Rudolf Hramec will sell the first 5 of 38 holiday homes in the settlement of Stara Gavza on the island of Cres at online auctions, which...